Annual Planning: Audit in the development of the annual IT Audit plan and in the continuous evaluation of the plan to ensure that all high-risk areas are being addressed, as it relates to the IT processes.
Problem Identification: Initial review of audit findings with the team member to validate the accuracy of the finding and clearly highlight the risks for presentation to management. Follow up with staff responsible for timely resolution of the findings in the Issue Tracking Database. Ensure internal control weaknesses have been identified, errors have been quantified as appropriate, problems and associated impact are properly defined, documented and reported; identified issues are clearly understood and confirm that line management/product owner will take corrective action. Review the quarterly status of outstanding issues as assigned for inclusion in reports to management and the audit committee.
Reporting/Communication: Draft / review reports produced by the audit team to ensure that writing is clear and concise prior to submission to Senior Director/VPs. Assist in ensuring that reports are issued in a timely manner to senior management. Ensure that Teammate is updated on completion of the audit, all sections are reviewed, findings have been uploaded to Issue Tracking Database and project transferred to Team Central. Written reports and correspondence demonstrate a thorough understanding of issues with key risks clearly articulated and materiality clearly explained. Monitor and follow-up for corrective action/progress. Escalate where necessary. The Director will be responsible for implementing continuous monitoring with the VPs in IT&S
Emerging Developments in IT and special projects: As the incumbent is the team’s lead on the IT environment, a key accountability is to maintain knowledge of IT developments and emerging issues and to be proactive in ensuring that the Audit Dept. is addressing the key risks to the Bank in this area. As directed by senior management, carry out specific projects or investigations of a complex and confidential nature
Human Resources: Provide on the job training / evaluate staff to identify individual training requirements to all staff. Prepare periodic and annual performance self-assessments. Prepare (annually) personal goals and objectives for measurement of performance and monitor achievement. Assist staff to prepare (at least annually) a career development and training plan and monitor completion. Conduct regular meetings. Ensure appropriate resources, knowledge, skills, and experience is maintained in the resource pool including hiring, training and coaching of staff. Manage self-development by/through confirming job expectations; identifying mentors/coaches and enquiring about training needs, ensuring timely completion of performance appraisals; recruiting, interviewing and selecting candidates.